The main cause of inflation around the world is simple: energy supply shocks.
— Matthew Chapman (@fawfulfan) October 23, 2022
And I know this really hurts the GOP narrative, but: the U.S. has seen less inflation than its peers because it is far more energy independent and producing more oil and gas than anyone else. https://t.co/8hGEtLTLJb
Inflation rates around the world:
— No Lie with Brian Tyler Cohen (@NoLieWithBTC) October 23, 2022
Turkey: 83.45%
Argentina: 83%
Netherlands: 14.5%
Russia: 13.7%
UK: 10.1%
Germany: 10%
Europe: 9.9%
Spain: 8.9%
Italy: 8.9%
Mexico: 8.7%
United States: 8.2%
(per @tEconomics)
Sad! 